European potato losses due to war and tariffs

Europe experienced a major crisis in the potato market due to oversupply in 2026, with the surplus reaching approximately 5 million tons. This led to a sharp decline in prices, with the price per ton dropping to zero after being nearly 600 euros three years earlier. Some farmers had to dispose of their harvest by either dumping it in the fields or distributing it for free, and the losses for a Belgian farmer alone exceeded 160,000 euros. Belgium is the world's largest exporter of frozen French fries, and with increasing pressures from the war in Iran and rising energy and fertilizer costs, the European potato market faces significant challenges in the future.

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